Bharat Coking Coal Limited (BCCL), a Miniratna company and subsidiary of Coal India Limited, has announced a revision of Surface Transportation Charges (STC) applicable on the sale of all coal and coal products. The announcement was made through a regulatory disclosure to stock exchanges on February 13, 2026.

Board Approval and Implementation

The BCCL Board approved the proposal for revision of Surface Transportation Charges in its meeting held on February 13, 2026. The revised rates are effective from September 26, 2025, and apply to all coal and coal products sold by the company.

Revised STC Rate Structure

The new Surface Transportation Charges follow a distance-based pricing structure, with rates varying according to lead distance:

The revised structure shows a progressive increase in transportation charges based on distance, with the highest category applying actual costs plus a 10% markup for distances exceeding 20 kilometers.

Regulatory Compliance

This disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The announcement was communicated to both the Bombay Stock Exchange Limited and the National Stock Exchange of India Limited through official channels.

The disclosure was signed by Bani Kumar Parui, Company Secretary and Compliance Officer of Bharat Coking Coal Limited, ensuring proper regulatory compliance and transparency for stakeholders.

Bharat Coking Coal Limited has announced its Q3FY26 financial results for the quarter ended December 31, 2025, revealing a significant shift from profitability to losses. The coal mining company reported challenging performance across key operational and financial metrics compared to the corresponding quarter of the previous year.

Financial Performance Overview

The company's financial performance for Q3FY26 presents a stark contrast to the previous year's results. Bharat Coking Coal Limited moved from a strong profitable position to recording losses, highlighting the operational challenges faced during the reporting period.

Revenue and Operational Metrics

The company's revenue performance showed significant decline across key segments. Sales revenue dropped substantially while other operating revenue also witnessed a contraction during the quarter.

Production and Offtake Analysis

The company's operational metrics in terms of coal production and offtake showed mixed performance during the quarter. Production levels declined compared to the previous year while offtake remained relatively stable.

Expense Structure and Cost Management

Total expenses for the quarter stood at ₹2,922.34 crore compared to ₹3,242.23 crore in Q3FY25. Key expense components included employee benefits expense of ₹1,533.47 crore and contractual expenses of ₹1,024.40 crore. The company benefited from a positive stripping activity adjustment of ₹312.91 crore during the quarter.

Nine-Month Performance

For the nine-month period ended December 31, 2025, the company reported revenue from operations of ₹8,441.82 crore compared to ₹10,534.42 crore in the corresponding period of the previous year. Net profit for the nine-month period was ₹101.00 crore against ₹1,173.69 crore in the previous year, representing a significant decline in profitability.

Corporate Developments

Subsequent to the reporting date, Bharat Coking Coal Limited was listed on stock exchanges on January 19, 2026. The listing involved the issuance of 46.57 crore ordinary shares, representing 10% of the paid-up equity share capital. The company's earnings per share for Q3FY26 stood at negative ₹0.05 compared to positive ₹0.91 in Q3FY25.